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Transcription
(a) Hare deposited suaas of Money with you a# gdt&Mss for the construct! Oil of water mains or (b) Save at their m m exp#nss constructed and conveyed to you water main®, to serve properties being developed by then subject to refund of the cost pursuant to the rules and regulations of the Water Company. The amount subject to refuaid pursuant to such contract®, leas the amount of refunds* heretofore paid shall he oredited to said purchase price of Two Million Five Hundred Thousand Dollars ($2,500,000,00). Said contracts will be assigned to the District and the District will assume all liabilities under said contract®. Th» amount of such credit shall be determined and the assumption of such liabilities shall be as of a date to be mutually agreed upon. As regards to the last p&r&gra h on page 2 of vour proposed letter to Mr, Mo Ranee, concerning sub-paragraph (g). As all of the contracts in question art Water Company agreement, sc®# pursuant to old Rule 9~& and some pursuant to n m Rule-9« 1 suggest reference to those agreements be changed to read! »- • * relative to those advances by Subdivide?* and others, for construction of water mains, subject to refund pursuant to the Water Company*a rules and regulations which t have felt » - -* w. Johnson
